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DreamAhead College Investment Plan is a higher education savings program administered by the State of Washington. The plan was created in 2016 by the Washington State Legislature, and statutorily known as the Washington College Savings Plan (RCW 28B.95.032), [1] and opened for nationwide participation in 2018. [2] It is one of two 529 programs ...
Unlike a traditional 529 college savings plan, a prepaid tuition plan doesn’t allow you to use your funds to pay for things like room and board, books, supplies, equipment and special needs ...
GET is a 529 prepaid tuition savings plan, while Washington's other plan, DreamAhead, is a 529 college investment plan. As with any 529 plan, account owners invest in the program on behalf of a beneficiary – typically the owner's child or grandchild – in order to prepay for expenses associated with the beneficiary attending a higher ...
Americans have amassed $450 billion for educational expenses in 529 plans as of August 2024, according to the Education Data Initiative. That amounts to around an average of $27,741 for the ...
The cost of college tuition at some universities is fast approaching $100,000 per year, and the rise in higher education expenses shows no signs of slowing down, according to Ross Riskin, the ...
This is a list of colleges and universities in Washington state, ... Evergreen State College: 1967: Public: 2,105: $8.9 million: Olympia: Aberdeen, [3] Tacoma Two ...
However, some states that collect income tax offer a tax deduction or credit on your state tax return for residents who choose an in-state 529 plan. That could add up to significant savings ...
The Department of Social and Health Services (DSHS) is Washington's social services department. The agency has its headquarters in Office Building Two (OB-2) in Olympia , the state capital. [ 1 ] Annually, 2.2 million children, families, vulnerable adults and seniors come to the department for protection, comfort, food assistance, financial aid ...